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INVESTMENT HIGHLIGHTS
- High levels of passing trade
- 2 second floor residential flats included
- Good levels of nearby parking
EXECUTIVE SUMMARY
The subjects are located on the western side of the High Street with an entrance to the property on the eastern side of Hill Street. The subjects comprise an end terraced investment formed over the first floor and second floor of a three storey building of stone construction.
PROPERTY FACTS Sale Pending
| Total Building Size | 2,365 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 788 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1850 |
| Building Class | B | Lot Size | 0.06 AC |
| Total Building Size | 2,365 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 788 SF |
| Year Built | 1850 |
| Lot Size | 0.06 AC |
AMENITIES
- 24 Hour Access
- Security System
- Signage
1 UNIT AVAILABLE
Unit 125
| Unit Size | 721 SF | Sale Type | Investment |
| Price | $409,181 CAD | Tenure | Freehold |
| Price Per SF | $567.52 CAD | Cap Rate | 10.66% |
| Condo Use | Office | NOI | $43,633.54 CAD |
| Unit Size | 721 SF |
| Price | $409,181 CAD |
| Price Per SF | $567.52 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 10.66% |
| NOI | $43,633.54 CAD |
DESCRIPTION
The first floor comprises of a leisure hall, kitchen, office space and w.c. which is currently on a short term rolling lease and achieving £950 PCM. The second floor comprises of a studio flat and a one bedroom residential flat with a total income of £1,005 PCM. These flats benefit from video intercom.
SALE NOTES
Offers over £220,000 are invited for the freehold interest.
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NEARBY MAJOR RETAILERS
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123-127 High St
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